Avenew888-loom, Madinat Al Mataar

    Sold Prices · DLD Data

    Avenew888-loom

    Madinat Al Mataar, Dubai · Dubai South Residential District

    AED 1,471

    Avg Price / sqft

    AED 1.2M

    Avg Sale Price

    215

    DLD Sales Recorded

    10%

    Est. Gross Yield

    View listings Explore Dubai South

    Market snapshot

    Avenew888-loom — the numbers

    Avenew888-loom is a residential building in Madinat Al Mataar, Dubai with approximately 661 units. Dubai Land Department records show 215 sales in the building, at an average price of AED 1.2M — around AED 1,471 per square foot.

    Since March 2026, 214 sales completed in Avenew888-loom, with the average price per square foot moving from AED 1,464 to AED 1,396 (-4.7%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in Avenew888-loom returns an estimated 10% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Al Mataar.

    Figures are from Dubai Land Department transaction records for Avenew888-loom; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Al Mataar residential rents, before service charges.

    Price trend

    Price trend in Avenew888-loom

    Average sale price per sqft by month since March 2026 (single-sale months excluded)-4.7%

    1,4101,4541,497Mar 26: AED 1,464/sqft · 148 salesMar 26Apr 26: AED 1,499/sqft · 37 salesApr 26May 26: AED 1,475/sqft · 3 salesMay 26Jun 26: AED 1,511/sqft · 18 salesJun 26Jul 26: AED 1,396/sqft · 8 salesJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 988K

    AED 1,465/sqft

    155 sales · last 12 months

    2 Bed

    AED 1.5M

    AED 1,492/sqft

    57 sales · last 12 months

    3 Bed

    AED 2.5M

    AED 1,356/sqft

    3 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    17 Aug 2026Sales21,456AED 1.9MAED 1,321
    20 Jul 2026Sales1645AED 901KAED 1,397
    16 Jul 2026Sales11,186AED 1.1MAED 930
    16 Jul 2026Sales1638AED 1.1MAED 1,706
    16 Jul 2026Sales2983AED 1.5MAED 1,479
    14 Jul 2026Sales1640AED 1.0MAED 1,567
    06 Jul 2026Sales2994AED 1.4MAED 1,377
    03 Jul 2026Sales1645AED 896KAED 1,390
    03 Jul 2026Sales21,378AED 1.8MAED 1,321
    22 Jun 2026Sales2994AED 1.4MAED 1,362
    22 Jun 2026Sales1629AED 1.0MAED 1,632
    22 Jun 2026Sales1645AED 896KAED 1,390
    09 Jun 2026Sales1652AED 1.2MAED 1,787
    04 Jun 2026Sales1641AED 898KAED 1,401
    04 Jun 2026Sales2981AED 1.5MAED 1,492
    03 Jun 2026Sales21,401AED 1.5MAED 1,077
    03 Jun 2026Sales1645AED 896KAED 1,390
    03 Jun 2026Sales1652AED 1.1MAED 1,755
    03 Jun 2026Sales1656AED 1.1MAED 1,688
    03 Jun 2026Sales1641AED 1.1MAED 1,725

    About the area

    Avenew888-loom is in Dubai South

    Dubai South is an emerging urban development that aims to create a dynamic environment for residents and businesses alike. Spanning 145 square kilometers, this master-planned community is developed by Dubai South and is ideally situated near Al Maktoum International Airport, providing seamless access to major transport routes.

    Explore the Dubai South area guide

    Nearby

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    FAQ

    Avenew888-loom: frequently asked questions

    What is the average price in Avenew888-loom?

    The average recorded sale price in Avenew888-loom, Madinat Al Mataar is AED 1.2M, around AED 1,471 per square foot, based on Dubai Land Department transaction data.

    Are prices in Avenew888-loom going up or down?

    Average sale prices in Avenew888-loom have eased -4.7% per square foot since March 2026, across 214 DLD-recorded sales.

    What rental yield can I expect in Avenew888-loom?

    Based on average Madinat Al Mataar residential rents against sale prices in the building, a typical unit in Avenew888-loom yields roughly 10% gross per year, before service charges and fees.

    How many properties have sold in Avenew888-loom?

    215 sales have been recorded in Avenew888-loom according to DLD data, across approximately 661 units.

    Considering Avenew888-loom?

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